Return to Fundamentals in Oil Price
Lsat week has seen significant volatility in global oil markets, driven by both geopolitical tensions and weakening economic fundamentals. Despite...
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Economic Worries Push Brent Crude Prices near Seven-Month Lows
Brent crude prices remained near a seven-month low on Monday despite ongoing geopolitical tensions in West Asia, as global market...
Uranium Miners Say Australia Is Missing Nuclear Fuel Boom
As global demand for uranium surges due to a renewed interest in nuclear energy, explorers are calling on Australian state...
Using Drones and AI to Fight Oil Theft, Says Expert
In response to the mounting crisis of oil theft, which has severely impacted national revenues, Mr. John Aondoaseer, a prominent...
1.7 Million Bpd of Crude Oil Produced Daily
The Joint Taskforce Operation Delta Safe (OPDS) has reported a significant milestone in crude oil production, with daily output hitting...
Oil Falls Amid Deflation of Us Rate Cut Hopes, OPEC+ Decision
NEW YORK — Oil prices fell slightly on Friday, marking their third consecutive weekly loss as investors weighed the impact...
Weaker Crude, Firmer Ringgit Weigh on Palm Oil
The benchmark palm oil contract for October delivery on the Bursa Malaysia Derivatives Exchange fell by 45 ringgit, or 1.15%,...
Nigeria Loses $1,000 per Barrel of Exported Crude, Says Institute
The Institute for Energy and Extractive Industry Law has reported a significant financial setback for Nigeria’s oil industry, revealing that...
For the First Time in Months, Saudi Aramco Raises Oil Prices
Saudi Aramco has raised the official selling prices of its light crude for Asian clients for the first time in...
Oil Prices near Eight-Month Lows as Recession Fears Overtake Middle East Conflict; Brent down 5% in August
Crude oil prices extended their downward trajectory as trading commenced on Monday, continuing a steep decline that began on Friday....
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